Month: September 2025
Trump would eviscerate Fed independence with Lisa Cook firing, her lawyers tell Supreme Court
Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023. Anna Rose Layden | Bloomberg | Getty Images Lawyers for Federal Reserve Governor Lisa Cook on Thursday argued that the Supreme Court should […]
Read More
Santoli’s Thursday market wrap-up: Few reasons to believe this pullback is the Big One
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) There aren’t many reasons to believe this market pullback is the Big One, but might it become a bigger one? The setup entering the week opened the way to some retrenchment: The S […]
Read More
Health providers could lose $32 billion if ACA credits at center of shutdown fight expire
Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference with other Senate Democrats encouraging the passage of Affordable Care Act tax credits, in Washington, DC on September 16, 2025. Nathan Posner | Anadolu | Getty Images Health-care providers could lose more than $32 billion in revenue if the Affordable Care Act’s enhanced premium […]
Read More
Microsoft cuts off cloud services to Israeli military unit after report of storing Palestinians’ phone calls
Microsoft President Brad Smith, left, speaks at a press conference on future visions for the development and application of artificial intelligence in education in North Rhine-Westphalia at the Representation of the State of North Rhine-Westphalia in Berlin on June 4, 2025. To his right is Hendrik Wüst (CDU), Minister President of North Rhine-Westphalia, in front […]
Read More
Dallas ICE shooter searched ‘Charlie Kirk Shot Video’ before attack: FBI
Members of the FBI investigate from the rooftop at 1120 Empire Central Place work near the scene where a shooter opened fire on a U.S. Immigration and Customs Enforcement facility, September 24, 2025 in Dallas, Texas. Stewart F. House | Getty Images The gunman who killed one detainee and wounded two others at an Immigration […]
Read More
Oracle, Silver Lake and MGX will be main investors in TikTok U.S., sources say
Oracle, Silver Lake and Abu Dhabi’s MGX will be main investors in TikTok’s U.S. business, sources told CNBC’s David Faber on Thursday. Those three entities will control roughly 45% of TikTok USA, Faber reported. ByteDance, TikTok’s Chinese parent, will own 19.9%, with the remaining 35% in the hands of ByteDance investors and new holders. President […]
Read More
We’re buying the dip in a health and life sciences stock that has gone down enough
We’re buying 20 more shares of Danaher at roughly $180 each. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 470 shares of DHR, increasing its weighting to about 2.31% from about 2.22%. While Danaher has certainly been one of a handful of problematic stocks in the portfolio, we are stepping into the name here, […]
Read More
Stocks making the biggest moves midday: Mirion Technologies, Freeport-McMoRan, CarMax & more
Check out the companies making the biggest moves midday: Mirion Technologies — The radiation detection name fell more than 8% after it announced a common stock offering of $300 million. Mirion is also selling $250 million in convertible bonds. Worthington Steel — The metal processing company dropped 8% on mixed fiscal first-quarter results. While sales […]
Read More
Global casting call for top traders: From TV weatherman to dentist, FundSeeder finds hidden talent
Key Points FundSeeder is a platform founded by “Market Wizards” author Jack Schwager and Emanuel Balarie that searches for under-the-radar trading talent worldwide and provides them with capital to scale. “There are lots of great traders globally that are completely unknown,” Schwager said. Source
Read More
Ken Griffin says more tariff impact on inflation is still ahead, Fed should be independent
Billionaire Wall Street titan Ken Griffin believes the full impact of tariffs on inflation have not been felt yet, and he only sees one more rate cut from the Federal Reserve this year. The founder and CEO of Citadel said Thursday only about half of the inflationary impact from President Donald Trump’s wide-spreading levies on […]
Read More